World Computer Exchange Inc is a 501(c)(3) organization based in Hull, Massachusetts, registered in 2001, with $163,169 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$163K
▲ 614.3% vs prior year
Education median: $200K
Expenses (FY2023)
$224K
Net assets
$412K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for World Computer Exchange Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For World Computer Exchange Inc: 22 mo reserves · -37% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for World Computer Exchange Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For World Computer Exchange Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $280K (FY2013) to $163K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-37.2%
Spent more than it raised in the latest fiscal year.
Total assets
$743K
Total liabilities
$331K
Net assets
$412K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $163,169▲614% | $223,890▼34.3% | $412,079▼8.9% | $743,281▼7.5% | 990 |
| 2022 | $22,843▼89.0% | $340,787▲82.3% | $452,107▼40.4% | $803,967▼29.9% | 990 |
| 2021 | $208,416▲62.0% | $186,956▼1.0% | $759,123▲1.2% | $1,147,499▼1.6% | 990 |
| 2020 | $128,640▼8.0% | $188,892▼2.4% | $749,918▼11.0% | $1,166,231▼6.3% | 990 |
| 2019 | $139,860▼39.7% | $193,630▼7.7% | $842,274▼5.6% | $1,244,839▼2.5% | 990 |
| 2018 | $231,785▼27.6% | $209,715▲6.4% | $891,825▲16.6% | $1,276,904▲6.2% | 990 |
| 2017 | $319,986▲85.6% | $197,171▲49.5% | $764,729▲73.8% | $1,202,835▲14.7% | 990 |
| 2016 | $172,430▲143% | $131,873▲2.3% | $439,977▲29.2% | $1,049,056▲10.4% | 990 |
| 2015 | $70,952▼75.0% | $128,953▼5.8% | $340,656▼18.8% | $950,221▼3.7% | 990 |
| 2014 | $283,758▲1.2% | $136,878▼15.3% | $419,496▲68.5% | $986,868▲21.7% | 990 |
| 2013 | $280,451 | $161,622▲24.7% | $248,916▲440% | $810,772▲33.6% | 990 |
| 2012 | — | $129,635▼6.9% | $46,087▼11.6% | $606,677▲1.1% | 990 |
| 2011 | — | $139,271▲20.6% | $52,159▼70.8% | $599,885▼16.8% | 990 |
| 2010 | — | $115,521▲10.5% | $178,386▲48.4% | $720,754▲7.0% | 990 |
| 2009 | — | $104,521 | $120,242 | $673,693 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
17 grants to World Computer Exchange Inc totaling $154K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $7,945 |
| American Online Giving Foundation Inc | General support | 2024 | $6,324 |
| Paypal Charitable Giving Fund | — | 2023 | $9,810 |
| Donor Advised Charitable Giving | Education | 2023 | $7,200 |
| American Online Giving Foundation Inc | General support | 2023 | $6,008 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $11,500 |
| Paypal Charitable Giving Fund | General support | 2022 | $7,809 |
| American Online Giving Foundation Inc | General support | 2022 | $5,411 |
| Paypal Charitable Giving Fund | General support | 2021 | $6,650 |
| American Online Giving Foundation Inc | General support | 2020 | $10,958 |
| American Online Giving Foundation Inc | General support | 2020 | $10,958 |
| Paypal Charitable Giving Fund | General support | 2020 | $5,192 |
| Community Fdn of Greater Des Moines | Grant distribution for techlit africa | 2019 | $10,000 |
| Network For Good Inc | Unrestricted | 2019 | $7,859 |
| Paypal Charitable Giving Fund | — | 2019 | $5,251 |
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Data for World Computer Exchange Inc (EIN 04-3529016) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.